Star Navigation Systems Group Ltd.

TSX VENTURE : SNA


Star Navigation Systems Group Ltd.

December 06, 2013 17:00 ET

Star Navigation Announces Resignation of Director

TORONTO, ONTARIO--(Marketwired - Dec. 6, 2013) - Star Navigation Systems Group Ltd. (TSX VENTURE:SNA) ("Star" or the "Company") announces that Mr. Charles Wyburn has resigned as a director of the Company.

Mr. Wyburn, of London, England, became a director of the Company in 2008. As a Fellow of the Institute of Chartered Accountants in England & Wales, his experience in a variety of differing sectors has been appreciated by the Company.

As part of its continuing efforts to improve efficiency and minimize costs where possible, the Company has instituted a search for Mr. Wyburn's replacement and expects to fill the vacancy now existing on the Board of Directors with a qualified local candidate.

The Company thanks Mr. Wyburn for his service and wishes him well in his future endeavours.

About Star Navigation:

Star Navigation Systems Group Ltd. (www.star-navigation.com) owns the exclusive worldwide license to its proprietary, patented In-flight Safety Monitoring System, the first system in the world to feature in-flight data-analysis, monitoring and diagnostics with a real-time connection between aircraft and ground. Its real-time capability of tracking performance-trends and predicting incident-occurrence enhances aviation safety and improves fleet management while reducing costs for the operator.

Certain statements contained in this News Release constitute forward-looking statements. When used in this document, the words "may", "would", "could", "will" and similar expressions, as they relate to Star or its management are intended to identify forward-looking statements. Such statements reflect Star's current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause Star's actual performance or achievements to vary from those described herein. Should one or more of these factors or uncertainties materialize, or should assumptions underlying forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Star does not assume any obligation to update these forward-looking statements, except as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of the content of this release.

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